"Fox News Channel (FNC), commonly referred to as Fox News or Fox, is a cable and satellite television news channel owned by the Fox Entertainment Group, a subsidiary of News Corporation. As of April 2009, it is available to 102 million households in the United States and further to viewers internationally, broadcasting primarily out of its New York City studios."
The channel was created by the Australian-American, Rupert Murdoch, who hired former NBC executive Roger Ailes as the founding CEO. The channel was launched on October 7th, 1996 to 17 million cable subscribers. The channel grew in the late 1990's and 2000's to become the dominant cable news network in the United States. Fox news finished the first quarter of 2009 as the second-most-watched cable network in primetime, behind the USA Network.